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- 2. Productivity does not increase when wages (salary) increased during inflation. Assess the statement with examplesneed only answer not explain 1. Economic theorists expanded on the Keynesian aggregate supply model in the late 1940s, broadening it into a three-part aggregate supply curve. Which of the following best describes that three-part supply curve? a. A flat initial segment, followed by an upward-sloping middle segment until full-employment GDP is reached, and finally a vertical segment at full-employment GDP b. A flat initial segment, followed by a modestly upward-sloping middle segment until full-employment GDP is reached, and finally a more steeply upward-sloping segment beyond full-employment GDP c. A flat initial segment until full-employment is reached, followed by a vertical segment at full-employment GDP, and finally followed by another flat segment once the full-employment price level is reached d. An upward-sloping initial segment, followed by an upward-sloping segment until full-employment GDP is reached, and finally followed by another flat segment beyond full-employment…Increase in wages (A) increase inflation(B) decrease inflation(C) does not directly affect economic growth or cannot be determined
- Chapter 12 discusses revenue per employee ratio. What does this ratio measure? What is the formula for calculating it?1. Subsidy on inputs Identify whether (Select one choice per number) (A) increase inflation(B) decrease inflation(C) does not directly affect economic growth or cannot be determinedQ43. What is income according to GAAP? The answer needs to be in dollar amount. I will leave a positive rating if answered corrected.
- QUESTION 13All else equal, suppose Country A has a higher level of economic mobility than Country B, which country would be more likely to have higher economic growth?a.Country Ab.Country Bc.There is no relationship between growth and economic mobilityd.It depends on what percentage of mobility is due to intergenerational mobility QUESTION 14The Lorenz curve shows the relationship between which of the following?a.Income inequality and GDP per capitab.Gini coefficients in one country over timec.The percentage of households and the percentage of income earned by those householdsd.Quintiles of income and average income of each quintile QUESTION 15Suppose a country has two sectors, A and B. Sector A uses more physical capital than B and workers are therefore more productive in sector A than in B. Suppose labor is freely mobile between the two sectors. An efficient allocation of labor requires that in equilibrium:a.sector A pays a higher wage than sector Bb.the marginal product in sector A…(a) Enumerate four (4) factors to consider in analyzing the domestic economy as part of fundamental analysis. (b) Distinguish between time limit orders and Limit orders.(c) Explain the following Investment ratios and indicate how they are computed:Earnings per share (EPS) and Price/Earnings ratio (P/E). (d) What is market efficiency? Differentiate between weak and semi strong form efficiencyQ8) The following ratio analysis limitation is best described: Many large firms operate in different industries, and it is difficult to find a meaningful set of industry-average ratios. Group of answer choices a) Many different divisions. b) Inflation. c) Different accounting practices. d) Window dressing.